
Cheap Apartments for Rent in the Downtown Morristown Neighborhood of Morristown, NJ from $1,100 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Morristown area of Morristown.


Morris-Elm Apartments

Washington Park Terrace

Elmwood Gardens

167 South St

215 Speedwell Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

The Regency on Elm

Hamilton Court Apartments

Heritage House

8-10 King Street, LLC

Morris Crossing Townhouses

Beverly Gardens
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

10 Ford Ave

The Monroe

Olde Forge East Townhouses

View Point Terrace

Franklin Manor Apartments

Blair House
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Morris-Hill Apartments

Franklin Hill Apartments

12 Prospect St

12 Prospect St

12 Prospect St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Downtown Morristown, Morristown, NJ Local Guide

How much does it cost to rent an apartment in Downtown Morristown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Morristown Studio Apartments | $2,062 | $1,195 | $2,439 |
| Downtown Morristown 1 Bedroom Apartments | $2,626 | $1,950 | $4,088 |
| Downtown Morristown 2 Bedroom Apartments | $3,891 | $2,600 | $7,629 |
| Downtown Morristown 3 Bedroom Apartments | $3,695 | $3,500 | $3,885 |
| Downtown Morristown 4 Bedroom Apartments | $4,590 | $4,590 | $4,590 |
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 2 mile radius of the Downtown Morristown Neighborhood of Morristown, NJ.
See all Apartments in MorristownExplore Morristown
Downtown Morristown, Morristown, NJ Local Guide
- Nearby Morristown neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Downtown Morristown Apartments for Rent
 The cheapest available apartment rental in the Downtown Morristown area of Morristown, NJ is a Studio unit found at Morris-Elm Apartments priced from $1,850. Modera 44 has the second lowest priced unit, which is a Studio apartment currently listed from $1,972. Here are the most affordable Downtown Morristown apartments for rent in Morristown, NJ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Morris-Elm Apartments | Studio | Studio,1BA | $1,850 |
| Modera 44 | S1 Studio | Studio,1BA | $1,972 |
| Heritage House | STUDIO 03 | Studio,1BA | $2,195 |
| 8-10 King Street, LLC | Deluxe 1 Bed 1 Bath | 1BR,1BA | $2,200 |
| Morris Crossing Townhouses | 1 Bedroom Standard | 1BR,1BA | $2,225 |
| Beverly Gardens | Deluxe 1 Bed 1 Bath | 1BR,1BA | $2,249 |
| Olde Forge East Townhouses | One Bedroom | 1BR,1BA | $2,275 |
| View Point Terrace | 1 Bedroom | 1BR,1BA | $2,275 |
| Washington Park Terrace | 1 Bedroom | 1BR,1BA | $2,300 |
| Franklin Manor Apartments | 1BR/1BA | 1BR,1BA | $2,350 |
Best Value Apartments for Rent in Downtown Morristown, NJ
As of November 06, 2025 the best value apartment in the Downtown Morristown area is the $2.21 price per square foot Three Bed Model at Carriage House in the in the Downtown Morristown neighborhood starting from $3,885. The second greatest value Downtown Morristown apartment is the A Model at Schuyler Lofts starting at $3,850 with a $3.43 price per square foot in the Downtown Morristown neighborhood. Here is today’s list of the best values for Downtown Morristown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Carriage House | Three Bed | 3BR,2.5BA | $2.21 |
| Schuyler Lofts | A | 2BR,2BA | $3.43 |
| Morristown Gateway Apartments | Two Bedroom Standard | 2BR,2BA | $2.90 |
| Olde Forge East Townhouses | One Bedroom | 1BR,1BA | $2.55 |
| Morris Crossing Townhouses | 1 Bedroom Standard | 1BR,1BA | $3.10 |
| Beverly Gardens | Deluxe 1 Bed 1 Bath | 1BR,1BA | $3.22 |
| View Point Terrace | 1 Bedroom | 1BR,1BA | $3.30 |
| Franklin Manor Apartments | 1BR/1BA | 1BR,1BA | $3.46 |
| Washington Park Terrace | 1 Bedroom | 1BR,1BA | $3.64 |
| Morris-Elm Apartments | Studio | Studio ,1BA | $3.52 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleDowntown Morristown, Morristown, NJ
Ranked #1
Among cities in New Jersey for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Getting Around the Downtown Morristown Neighborhood in Morristown, NJ
Walk Score®
95 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
45 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
37 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Downtown Morristown Apartments
What is the Cheapest Studio apartment in Downtown Morristown?
Currently the most affordable Cheap Studio Apartment in Downtown Morristown is at Morris-Elm Apartments listed at $1,850.
How much is rent for a Cheap One Bedroom Downtown Morristown Apartment?
The lowest price for a Cheap One Bedroom Downtown Morristown Apartment is $2,200 at 8-10 King Street, LLC.
What is the lowest price for a Cheap Two Bedroom Downtown Morristown Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Morristown is starting from $2,750 at Franklin Manor Apartments.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.



